What is Guangxi Liugong Machinery Co Inventory-to-Revenue?
Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Guangxi Liugong Machinery Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ¥8,410 Mil. Guangxi Liugong Machinery Co's Revenue for the
three
months ended in Mar. 2024 was ¥7,939 Mil.
Guangxi Liugong Machinery Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.06.
Guangxi Liugong Machinery Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024
declined
from Dec. 2023 (1.28) to Dec. 2023 (1.06)
A decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:
1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Guangxi Liugong Machinery Co's Days Inventory for the
three
months ended in Mar. 2024 was 125.19.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Guangxi Liugong Machinery Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.73.
Guangxi Liugong Machinery Co Inventory-to-Revenue Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Premium members only.
Guangxi Liugong Machinery Co Inventory-to-Revenue Chart
Competitive Comparison of Guangxi Liugong Machinery Co's Inventory-to-Revenue
For the Farm & Heavy Construction Machinery subindustry, Guangxi Liugong Machinery Co's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Guangxi Liugong Machinery Co's Inventory-to-Revenue Distribution in the Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Guangxi Liugong Machinery Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Guangxi Liugong Machinery Co's Inventory-to-Revenue falls into.
Guangxi Liugong Machinery Co Inventory-to-Revenue Calculation
Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
Guangxi Liugong Machinery Co's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Guangxi Liugong Machinery Co (SZSE:000528) Inventory-to-Revenue Explanation
An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:
1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.
Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:
1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.
More Related Terms:
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Guangxi Liugong Machinery Co's Days Inventory for the
three
months ended in Mar. 2024 is calculated as:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Guangxi Liugong Machinery Co Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Guangxi Liugong Machinery Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Guangxi Liugong Machinery Co (SZSE:000528) Business Description
Guangxi Liugong Machinery Co Ltd is a construction equipment manufacturer that offers services to construction equipment owners. The products of the company include forklift, wheel loader, crawler excavator, wheel excavator, roller, motor grader, bulldozer, crane, concrete, mining truck, and skid steer loader.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SZSE:000528 has been successfully added to your 